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THIS MORTGAGE IND~NTURE 63546-2 ~
ex.~~,.o,n;, 12 a~„ o~ December , w.o.. ~e80 , a, S12~6
ROBTRT I,. STACSY and DORIS ~. STACBY
psrty ot d-~ fin~ par~ IhN~inaiq. csUid Ma~y~yo.l. ~o
CHASE FED~RAL SAVINGS AND LOAN ASSOCIATION
• co~pastan e~nunq unde. tM Iawi ol ~M Unu~d Suta ol Ame.KS. partr ol iM s~cond pa~i Ihe.~~nslex csiNd ~M Assoaataol.
WITNESSETH, TAa~ ~a dwas yood a~+d vslusWe conslde.atans, and ~o secu~t tM paymen~ of the sgg~eyaq wm ot mon~y narnW ~n ~nt Womnso~y note ot eve~ Wte
Aerewith, AN~ifNIiN 111lf1t~OMd. topether nn~h ~nt~r~si ~hawn snd a11 oihe. wms ot monsy s~sured ANeby as he~~~nslq. p.w~d~d. tAe Mq~y~por d0~s q~am, ba~gs~n, u11, .
slNn. ~~m~s~. r~. eonvty and tont~~m unto the Auoua~wn, m f« tanpk. tM Idlow~ng desa~bed ~ea1 esuq. ol whKh ~M Ma~9~yw n iww k~i~d srW pouesxd arw! m
actwl poskssion, a~wN i~- ~M Coumy ol ..St . Luc i e Suu ol Flo.ds, ~~ysuy de~cnWO
«~a~:Condominium Parcel No._?441, of CATAMARAN II, a Condominium,.according to
tl~e Declaration of Condominium thereof, as recorded in Official Records Book 334,
:~t Page 2451, and any amendmetite thereto, of the Public Records of St. Lucie
County, Florida. ~ -
SUBJTCT TO terms and conditions of above Declaration of Condominium, and.any amend-
ments thereto, and restrictions, reservations and easements of record.
TOGETHER vr~tA s11 s~~ucw~es and ~mprove~nenu now snd heresl~e. on »id iand and ~he tuw~es s~~sched ~he.e~o. also ~oge~he. w~th a11 and Hngula. ~Ae ~erKrnen~s,
ne~ed~umants. e~ .~ ..n~s, nparun rgAts and appurtena~ces ~he~eunto belong~ng, a ~n any Mnse appe.ta~n~rg. and the rents, ~ssues. and W olns tMe~eof, and atw a1~ ~n~ es~a~e,
~ght, ti~k. ~otersst and sll Na~ms and demands wAatsoeve~, x we11 1n law as ~n equ~~y, ol sa~d Mo~tgaqor ~~ and ~o the same, and eve~v P~~ ~d Pa~cel ihereol, and e~w a~~ gas
and ekctnc I~~iWK, ridNlOrS, hlillR, au conda~om~ eyu~pnpnt, mxh~ne~y, bo~k~s, ranges, e~e+rators and motors, bathtubs, smks, wau~ closets, wate~ tNS~ns, p~pes,
teuteti. and otAe~ plumMng and hNt~ng I~r1urK. manlNs. relrg~raurg plans and ite boaes. rwntlow xret~s, s[rKn dOOts. veneuan bl~nds. slo~m sAulle~s and awmnqs. whuh
are now o~ msy hereat~er pe~ta~n to or be usecf w~tl~, m o~ o~ sa~d prem~ses, even ~hough they be de~xAed or cletathaWe, a.e and sAa~~ tie d.. ~ J ~o be I~~~wes and ac~ rsvuns
to the I~Khold and a pai~ ot the realty, and, ~1 tAe aliovc deur~tied p~op~rly ~s now o~ slwU haeat~er be usM lor comme~cw~ pu~poses, then the Iw~~ture arxf lu.msn~nyt end
any replxemeMS tAe~eot wh~cA may be owned by ~he Matgagor and which are now o. may he~eatta be ~ocateaf ~pa~ ~he al,ove dex~~txrf MopatY.
TO HAVE AND TO HOID Me same, ~oqe~Ae~ w~th a~1 the estatt, ~~ght, uUe, mte~es~, homeuead, clowa and ~r3h~ ol dower, sepmau es~a~e, posseu~oo, cle~m rnd
demand whatsoeve~. m law o~ ~n aWwty, 01 the saKf Mu~~gagor ~n and ~o tAe sarne. and everY Pa~~ ~Ae~cot. unto ~Ae sa~d Assoc~at~on ~n fce simple.
Th! Mo~tqagor Ae.eby covenants w~~h IAe Assoc~at~on tha~ ~he Matgago~ ~S'~M1O1ldS~Wy S[~lld w~ih Ih! dtriOlut~ and IK S~mpk t~ik IO Sd~d p~Ope~ty, and has full yuaye~,
ancl lawlul autAady to sell, comrey, vansfr arxi mo~~ga9e the same. tAat ~f shall be lawtul af any trne be~eal:er for ~he Assouauon to peaceaWy arwl yu~eUV ente~ uyon,
nave. AMd and enpy sa~d p~opaty, and every part the~eol. tha~_sa~d p.ope.~y ~s I~~e anef d~scha~qed I~om all 1~ens. enCUmV~ancK. and cls~ms ot any k~nd. inclwl:~g ta^es end
assessments. e~cept ~he lien hereot, wf~~ch ~s a I~nt I~en on sa~d propnfy, tAa~ ~he Mortgago~ w~11 make wch turtAe~ asw~ances to pe~tect tAe lee s~mpk t~tk ~o sa~d y~upr~~y
~n ~he Auouauon as may ~easonaWy Ue ~eqwred, and that the Matgagor does he~eby luuy wa.~ant unto Iht Auot.auon the t~tk to sa~d ~uoperly and wdl detend seme
aye~mt ~he mo~tgage cla~ms arW deme~.is ol all pNSOm wAomsoever_
NOW. THEREFORE, ~he corxl~uon of ~n~s mor~gage ~s wcn ~ha~ d ~he Mu~~gagor sha11 wdt and uuly pay umo tAe Asiouai~on, the .ndeb~alness
ev~denced hy tha~ uita~~ piom~twry note, ol even date he.ew~~h, made by ~he Mo~tgagw and payaWe ~o the Assoc~a~wn, ~n ~he p~~ncip.+l wm
~,, FORTY TWO THOUSAND----------------------------------------------------0OLLAHS
~s 42 , 000 . 00 -. ~~~~ ~:h ~nte~est as tl~e~e~n stated, payaWe ove~ a ~e~m ot 348 m~~~.. ~~ ~~~
p~rlo~m, comply w~tA and at~de by each ancl every the nt~pulat~ons, ag~eemer.!s, cond~t~ons anef covenants conta~nnf arxi xt fortA ~n ~MS ma~qage and ~n ~he p•om~ssu.y nu~e
:ecurecl he~eby. th~n ~h~s moi ~gage arxl the estate ne~ehy c~eatcvf shall ~~ase arxf tx null and vo~d.
TRANSFER OF THE PROPERTY: ASSUMPTION
If all or any part of the Property or an ~~terest therein it told or transterred by Mortyayor without Association's pr~or wr~tten concent, e:clud~ng (a) the
creation of s lien or encumbrance aubordinate to this Mortgage, (b) the c~eation ot a purchase money seci~rity ~nterast fo~ househald appl~ances, (c) a transfer
by devise, descent o~ by operatio~ oi law upon the death of a joint tenant or (d) the yrant ol a~y leasehold ~nterest of three years or less not conta~ni~g an
opt~on to purchase, Associatio~ may, at Assoc~ation's option, declare all the sums secured by this Mortga3e to be immed~ately due and payable_ Associat~on
shall haVe waived such option to accele~ate ~f, prior to the sale or transter, Assoc~ation and the person to whom the Property is to be sold Or transterred ~each
agreement in wr~t~ng inat the c~ed~t of such person n sat~sfactory to Assoc~ation and that the ~nterest payabie on the sums secured by this Mortgage shall be
.~t sucA ~ate as AssociaUOn sball request. ~t Assot~al~on has waived tGe option to accelerate prov~ded in this paragraph and ~t Mo~tgagor's successor ~n ~nte~est
has executed a wrrtten assumpuon agreement accepted in wtiung by Associauon, Associa.~on shall release Mortyagor trom all obl~gauons unde~ th~s Mortgage
and ihe Note.
If Association exerc~seswch option io accelerate. Association shall r~ail Mortgagor notice ot accele.at~o~. Such not~ce shall prov~de a per~od o1 not less than
30 days trom the date the notice ~s maited ~vithin wh~ch Mortgagor may pay the sums declared due, tf Mortgagor faits to pay such tums prior to the e~D~~a
tion of such penod, Assoaat~on may. w~thout furtAer not~ce or demand on Mortgagor, invoke any remedies perrn~tted by paragraph 15 hereol.
AND tne Mo~tgaga does hsrepy covenant ~nd ap~ee
1 To pay aIt and s~ngu~a~ ths pnnapal and ~ntenst snd other sums o1 money paYSbte by wrwe ol sa~d prom~ssory npte ard cA:s matgage. or e~fher prompuy on
the dsys respe4l~vely tMe Sim! S1vlrally blCOme due _
~+ P 2 To pay atl and s~nyubr ths ta:es. asssum~nts. otMr povemmsntal lewes. ~~sb~ht~es. oDl~pauons and encumtxances ot every nawre on sa~d descr~Ded p~ope~~r
>~ ~'n and the re~ated debt scQu~srtan s~ch ~nd evsry whsn due ~nd paYaWe uco~d~np to law. before they become de!~npueM a~d. d ths same shall not be promptly
-n ~ m pa~d the Assonatron may st sny Ume. ertMr pefore or aftsr de~~~+que~cy psy fhe ssme w~thout wa~v~no or ¢N,~ •~ny the optwn to iorecbse or any r~ght
-~ ~ ~~ hereunder. and every psYment So mads sh~ll besr ~nte~est from tAe date tt~sreof at tAE rate ot 18 ~ per annum
u Q
Q N Q 3 Tnat the Mwtgaga wdl kssp s11 resl and pe~sona~ Woparty now or hereatter encumbered Dy the I~en ol tMS rnortyage ~nw~ed as may be reqwred from Urne to
Q ~ ~n t~n.e by ~he Assouatan aga~nst bss by fire vmndstam and otner hsiaraz casua~t+es a~d conu~genues lor such perwds and lor not less than wcn amounts as
~ Z i~"~ may be requ~red by ine Assoasuon a~+d [o psy promp[~y when due a~l D+em~ums f~~ such ~nwra~ce Mortgagor ayrees to de6ve~ renewal or rep~acemer2
n. ~ V~ pobc~es of any natu~e or replacement cert~l~cstes of ~nsurance to the Assauat~o~ af least ten { 1 OI days pr~o~ to the e^p~ratron o~ anmversarY date oi the e^~st~ng
,,, ~ O~ pof~ues The amp~r.ts of ~nwrance reqwrsd by tAe Azsouat~u~ shall be m~mmum amouMS (or wh~cA sa:d mwra~ce sha~~ be w~~tten and ~t sha1l be ~ncum0ent
3~ .` upon the Mwtgagor to ma~nta~n such add.t~6n~1 miursnc! ~f may be n0i'eSS~ry t0 m!C[ dnd cOmply luily wdh all CO ~nSUqncE reqwrefMntS COnld~nep ~n sd~d
~.. p pobc~es ro ~ne end that sa~d Mwtgayor ~s ~ot a co msurw tASreunde~ Inwrance snai~ be w~~ne~ Oy a company or comparnes approved or des~enated by ~ne
~ o~o u. Assouac~o*~ and a~~ po!~aes and ronawals tl+ereol shsll be he~d Dy the Assouat~on R!1 deta~led des~p~atrons by the MortQagor wh~~h are acceDted by the
o~ ~ Assouauon a~ a~~ agreements betwsen Mo~tpspor ~rn1 Assouat~on reiat~np to ~nwrsnce now e~~st~ng o~ ~ereai~er made. shalt be ~n wr~t~ny and snaU be a pa~f
E~~ t of th~s mortga~e aq~eemenf as fully ss tha:Qh set (onh verbat~m hers~n a~d sha~~ povern both part~es ne~eto and tt~e~r succezwrs aM ass~gns No I~en upon any
~ ~ ~ ~ ot sa~d pohues of ~nwrance a upon any re!und w return pram~um wh~ch may be paYaDle o~ the ca~ce~~ai~on or ~e~m~~at~on therepf shall be g~ven to otne~ tha~
~~ ~ N the Assoc~abo~ e^cspt by popsr endorsems~t ~H~xed to sucn poiKY and spproved Dy tAe Assouac~on EacA pol~cy of ~nsu~ance sna~1 have affued tnereto a
- Standard New Vork MortgsQee Cbuze w~tlwut Contnbutron mak~np s~1 loss or bsses under wch po~~cy payable to the Assouatwn as as ~nterest may appea.
M O in the event a~y wm o+ wms ot money become p~y~We tAereundar. [Ae Assouat~on st~sll Asve tf+e opt~on to rece~ve and app~y :~e ssme on account o~ the ~n
i debcedness hereby secured. p to perm~i [Ae Mwtospor to recs~ve snd use ~t. a any part thereot. w~thou: the~eby wa~v~r~ or ~mpa~r~np any equ~ty i.en or r~gnt
~' ~ d unde~ and by v+rtue o} tA~s mortgage In svent of toss or pteys~cs~ damaQe :o the mortpaped propertti. the Mortpapor s~all g~ve ~mmed~a-e noi~ce thereol Dy ma~l
to ;he Assouata~ and the Assoustwn may msks proof of bss ~t the same ~s not msde p~omptly by the Mo~tgagw ~n eveni o( turptbSUr6 Ot th~5 mortgBge or
~ otAe~ t~ans~er oi utle to iM mortys9sd propsrty_ ~n eaurtpwshment of the ~ndebtedness secwed hereDY a~~ ngM utie and mterest o} tne Mortpapor ~~ ane to
any mwrance pd~ues then m forcs shsll p~ss to the purcMser p prsntee TAe Mo~tpaeor further agrees to ab~de by tt+e ru~es and e^~suny reguiauons of ~ne
Assoc~at~or. m r_onnectan wnh rsqu~tsd ~nwrs~ts covsr~ye ot tAe poperty here~n encumGer~d
~ Paragrapli 4~nd thoss wluch foNOw ar~ conta~nW on tM rw~rp s~de ol tMs mortp~ps u~d by r~fsrence sre ~ncaporatsd ~nto tM pody of th~s mortpsps
The terms Mwtgagor anA Assoc~at~on, wheneve~ used ~n th~s ~nstrument, sAa11 ~nclude the heus, perwnal r~prese~u~.ves, wccesw~s or ass.gns of ~he respec~~ve ps~t~cs
~.ereto. WAertve. uxd. the s~ngular number shatl ~ncludt tAe p~ural and ~he ptural Ne s~ngu~~r. and tAe use of snY gendc• shall ~nclude all q~nde~s
IN WITNESS WHEREOF, tAese prem~ses Aave Aetn eatiuted on ~he day and year 1~rst ~nen.
S~gned, xaled snd dN~vered ~n ~pe presence ot
i ~ ~
- '~' _ ~.~ . ~_ ~ ~' - ~rti `L ~ }~.(.~ __ -----
` '~ y ~_- _ iSEau
~~/f~ ~/~ (~~~ ( R ER L. STAC /-
--~ i(i(,C_ ~ 1Vi! ~r(~K/i~ _~ ~ ' --- ISEAl)
DORIS E. STACEY ; -
ISEA~1
' ISEAI)
- v
FLORIDA ST. LUCIE .:t'~~ ~~.,,~ ' ~ ='~
STATE OF COUNTV OF ~. e-'~ ~
fI._ ~ t i ~+ ~:
Tht for~yo~rg ~ntlrument was atknowl~dged betwe me Mis ~~ diy p) Deeemb~T~ ~~Q ~~ S~ ~ t s % ~
;J~~L~' f ,/~' ;, . ~ =, ~~
ROBERT L. STACEY and DORIS E. STACEY, husban~! d"~~`~''`~"_s' ~
~~w .o.s~.c
s~:~~ ~ ` ~-
- r (~ ! ~_ • ~V ~' '~ ~ ~,~v : IENDER
My c . uan e=a~es ' ' ~}-~ ~- j ti ~', ` ~ ? 7 \ : _~ • ' • _ ~~, ~ -
" , -.,~~,0„!3. ~, ~ ~.
Nourr Yub~ic. Sute ol
a~346 p~~ 8~5